Global E-Scrap Recycling Market, By Recycler Type (Glass Recycler, Metal Recycler, Plastic Recycler, Printed Circuit Board Recycler), Material (Metal, Glass, Plastic, Others), Source (Household Appliances, Entertainment and Consumer Electronics, IT and Telecommunication, Computers, Phones, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global E-Scrap Recycling Market
The e-scrap recycling market is expected to witness market growth at a rate of 14.8% in the forecast period of 2022 to 2029. Data Bridge Market Research report on e-scrap recycling market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for electronic and electrical equipment is escalating the growth of e-scrap recycling market.
E-waste comprises of special and precious metals such as gold, silver, palladium, platinum, indium, and gallium. These scarce elements are broadly utilized in production of consumer electronics and IT and communication devices. Because of the scarcity of these metals, prices regarding their products is also high.
Major factors that are expected to boost the growth of the e-scrap recycling market in the forecast period are the occurrence of precious metals including silver, tantalum, gold, palladium and gallium. Furthermore, the reduced electronic product’s life cycle is further anticipated to propel the growth of the e-scrap recycling market. Moreover, the convenience of valuable substances in e-waste and the growing awareness related to the conservation of environment and health is further estimated to cushion the growth of the e-scrap recycling market. On the other hand, the increased cost in the maintenance of e-scrap recycling devices and recycling, sorting and distribution of the plastic content in the electronic devices is further projected to impede the growth of the e-scrap recycling market in the timeline period.
In addition, the growing use of electrical and electronic equipment by both, consumers and businesses will further provide potential opportunities for the growth of the e-scrap recycling market in the coming years. However, the decline in the number of sufficient waste collection zones might further challenge the growth of the e-scrap recycling market in the near future.
This e-scrap recycling market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the e-scrap recycling market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Global E-Scrap Recycling Market Scope and Market Size
The e-scrap recycling market is segmented on the basis of recycler type, material and source. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of recycler type, the e-scrap recycling market is segmented into glass recycler, metal recycler, plastic recycler and printed circuit board recycler.
- On the basis of material, the e-scrap recycling market is segmented into metal, glass, plastic and others.
- On the basis of source, the e-scrap recycling market is segmented into household appliances, entertainment and consumer electronics, it and telecommunication, computers, phones and others.
E-Scrap Recycling Market Country Level Analysis
The e-scrap recycling market is analyzed, and market size, volume information is provided by country, recycler type, material and source as referenced above.
The countries covered in the e-scrap recycling market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and rest of South America as part of South America.
Europe dominates the e-scrap recycling market due to the rapidly rising applications of electronic waste recycling software, solutions, and platforms. Furthermore, the increased adoption of electronic waste recycling technology for image and speech recognition and data mining will further boost the growth of the e-scrap recycling market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the e-scrap recycling market due to the new product advancements and constant innovations and continuous decrease in the prices of electronic products. Moreover, the rise in the per capita income is further anticipated to propel the growth of the e-scrap recycling market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and E-Scrap Recycling Market Share Analysis
The e-scrap recycling market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the e-scrap recycling market.
Some of the major players operating in the e-scrap recycling market are JX Nippon Mining & Metals Corporation, Enviro-Hub Holdings Ltd., Boliden Group, MBA Polymers, Inc., Grand Metal Corporation, Umicore N.V., Tetronics, Aurubis AG, Stena Metall AB, DOWA HOLDINGS Co., ERI and Sims Metal Management Limited among others.
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